IVZ 1.25% 8.1¢ invictus energy ltd

Ann: Trading Halt, page-77

  1. 3,911 Posts.
    lightbulb Created with Sketch. 1328
    I'll have a go ...
    It's not a placement to local investors, which would seem the politically correct thing to do. It's not large enough to replace farm in funds for drilling, so is not really a useful amount of money. Seismic test funds possibly, but farm in is due any day now.
    Its come on the eve of PSA signings. it can't be graft money in a newly open for business Zimbabwe government ... so I'm going with a PSA clause for Muzarabani community programs or similar.
    We know local chiefs expect such contributions, but would be best once we started to bring in revenue.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
8.1¢
Change
0.001(1.25%)
Mkt cap ! $116.6M
Open High Low Value Volume
8.1¢ 8.1¢ 7.9¢ $50.04K 625.9K

Buyers (Bids)

No. Vol. Price($)
4 239133 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 100000 1
View Market Depth
Last trade - 15.38pm 16/08/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.